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cbl & associates properties (CBL) Details

CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and management of properties. The fund invests in the real estate markets of United States. Its portfolio consists of enclosed malls and open-air centers. CBL & Associates Properties is based in Oak Brook, Illinois. CBL & Associates Properties was founded in 1978 and is based in Chattanooga, Tennessee with additional offices in Waltham, Massachusetts; Chesterfield, Missouri; and Irving, Texas.

cbl & associates properties (CBL) Key Developments

CBL & Associates Properties Inc. announced that its board of directors has declared a quarterly cash dividend for the company's common stock of $0.265 per share for the quarter ending March 31, 2015. The dividend will be payable on April 15, 2015, to shareholders of record as of March 30, 2015.
The board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 31, 2015, for the company's 7.375% Series D cumulative redeemable preferred stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on March 30, 2015, to shareholders of record as of March 13, 2015. The board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending March 31, 2015, for the company's 6.625% Series E cumulative redeemable preferred stock. The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on March 30, 2015, to shareholders of record as of March 13, 2015.

CBL & Associates Properties Inc. Announces Executive Promotions

Feb 9 15

CBL & Associates Properties Inc. announced the promotions of Andrew Cobb to senior vice president and director of accounting, Stuart Smith to senior vice president- planning/redevelopment, Jennifer Cope to vice president-shared services, Jon Meshel to vice president-development/redevelopment, and Ken Wittler to vice president-development. Andy Cobb joined CBL in June 2002, as vice president-accounting. In February 2007, he was promoted to vice president and director of accounting. Prior to joining CBL Cobb was an audit manager for Arthur Andersen. Stuart Smith joined CBL as director of tenant coordination in January 2001, and then became director-tenant design and development in April 2003. He was promoted to vice president-planning/redevelopment in February 2007. Smith has been an integral part of numerous anchor store additions to CBL malls and is responsible for advanced planning for all mall expansions and redevelopments within the company. Jennifer Cope joined CBL in July 2001, as a junior analyst in Financial Services. In July 2003, Cope was promoted to financial analyst and then to senior financial analyst in July 2006. Her responsibilities included the management of CBL’s insurance and risk management programs, technology for lease reporting needs, joint venture partner relations, and loan closings and assumptions. Jon Meshel joined CBL as assistant project manager in August 1999, and was promoted to project manager in September 2003. In November 2011, Meshel relocated from Boston to Chattanooga as director-development/redevelopment and is responsible for adding larger store formats to CBL’s malls. Ken Wittler joined CBL as a project manager in November 1997. Since then, Wittler has overseen the development of more than a dozen malls, additions and renovations for the Company. Prior to joining CBL, Wittler served six years as project manager for Jim Wilson & Associates and four years as Field Engineer for Tribble & Stephens Construction Company.

CBL & Associates Seeks Acquisitions

Feb 4 15

CBL & Associates Properties Inc. (NYSE:CBL) is looking for acquisitions. Stephen Lebovitz, President and Chief Executive Officer of CBL & Associates, states, “We look at acquisitions, we continue to look at acquisitions, and we're open if we found an opportunity that we felt like would fit with our strategy, a Tier 1 mall that would have growth potential going forward, and that we see either redevelopment our expansion potential going forward.”

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